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20121202
20121210
Search Results 0 to 6 of about 7 (some duplicates have been removed)
week has been wasted. given president obama won the election and seems to have most of the political leverage, what's the realistic deal to be made in the next 23 days? >> first of all i think something's going to happen. i hope it's large enough for people who want to see entitlement reform to vote for. the president has leverage but the republicans have leverage with the debt ceiling, hopefully cooler heads will prevail. theorist are coming forward on how to deal with this. it's a unique moment in history where every developed country in the world, economists on both sides of the aisle know the greatest threat of the country is fiscal solvency. the minority party is trying to leverage the president into doing something great for the nation. i hope the president soon will see the light. >> senator schumer, three weeks left. what's the compromise that both sides can live with on taxes, spending cuts and entitlement reform? >> i think we'll get a deal. everyone realizes how important it is, our economy is moving up some, not fast enough but some, and to go over the cliff would be terr
, listen to what the president said, this week about the debt limit. here it is. >> president barack obama: i will not play that game, because we have to break that habit, before it starts. >> chris: president seemed to be suggesting, you want to bargain over the debt limit? i'm not going to do it. >> his argument, white house argument i hear is, look, the last time this happened, it was so much an armageddon and the first time it happened in american history. previously, republican and democratic presidents were able to get a hike in the debt ceiling, without this kind of pressure coming from the congress in terms of spending and taxes and the like and they don't like it. they don't want it and it is the one point of leverage to reaffirm kimberly here, republicans have over the president, right now. >> chris: and they had one in march. we had run out of money for the government -- >> well, that is more of a negotiation but this is a specific point of leverage. i don't see republicans giving in on it. i see the president saying this is unreasonable and, it is becoming another political fig
boehner said on friday that another week has been wasteded. senator corker, given that president obama won the election, and seems to have most of the political leverage, what is the realistic deal to be made in the next 23 days? >> first of all, i think something will happen. i hope it is large enough for people like me that want to see entitlement reform to vote for. the president has leverage and the republicans have leverage with the debt ceiling and the c.r. which ends in march and hopefully cooler heads will prevail. there are different theories coming forth on how to deal with this and again, chris, it is a unique moment in history, where every developed country in the world, economists on both sides of the aisle, know the greatest threat to our country is fiscal solvency and we have a situation where the minority party is trying to leverage the president into doing something that is great for our nation and it is a very unique time and i hope the president soon will see the light. >> chris: senator schumer, three weeks left. what is the compromise and,his is the important part, tha
Search Results 0 to 6 of about 7 (some duplicates have been removed)